100% fee simple interest in Mankas Corner, a two-tenant retail and entertainment location. The subject property has long-term NNN leases in place and is strategically located off the interstate 80, and is in a very popular destination, Suisun Valley Wine Country, next to Napa Valley, with vacation rentals, restaurant, Wine Tasting and Event Center. The property is 1 acre with excellent exposure shared with the locals and tourists alike. NNN leases and minimal landlord obligations. Located in one of the strongest performing wine country submarkets in Northern California. The Suisun Valley is the up and coming wine region, gaining buzz of those “in the know”. 45 minutes in-between San Francisco and Sacramento, and a quick jaunt to Napa, this spot is as much a stop along-the-way, as a destination in its own right! Here’s your chance to own an iconic piece of the region’s history, a historical stage-coach intersection, beloved by visitors and locals alike. Authentic, and “rustic-chic” in ways other properties try to imitate, Mankas Corner is one of Northern California Wine Country's most popular NNN leased tourist hospitality and retail locations. At approximately 11,000 SF, 100% of the 7 units are leased, long-term, to the existing businesses, providing the owner with a Triple Net 5% Cap Rate. What an excellent opportunity to secure a property, in a prime location, in the heart of the fastest growing American Viticultural Area (AVA: a geographic pedigree given to certain regions for the distinctiveness of their wine grapes.), while having numerous sources of cash flow, and so many future upsides! It’s especially sweet when an excellent investment is also fun. This property is like owning your own thriving mini-village, a quaint, yet bustling destination for dinner, music, concerts, magazine-worthy weddings, special events, wine tasting rooms and more! People from all over the world converge to drink in its charm, farm-to-table cuisine, and liquid libations, under the golden Northern California sun, or blanket of stars. This spot shares great foot/bike/wine-tour traffic with the Caymus-Suisun tasting facility, as well as Village 360 winery and event center, and the adorable beer and wine garden, “The Filling Station”, just across the street as the frog jumps. Keeping it simple, this property has a total of 2 Leases: The Restaurant Lease and a Master Lease for the rest of the property. The popular restaurant has a 10 year NNN Lease with approximately 8 years remaining. Master Lease has 2 years left on the current NNN lease. Tenant wants to extend the current NNN lease to 5 Years (from close of escrow) with another 5 year option. Everything is nice and up-to-date, with renovations in approximately: 2000, 2012, 2020 Come be the next vibrant color in the mosaic of this region’s vivid history…. If you know, you know! Note: This is also right down the street from the newest addition to Suisun Valley, the Caymus-Suisun Mega tasting facility.
« show less
Retail Space
© 2008-2024 Rofo.com. All rights reserved.